It might mean something big is brewing.

All MD, CEO and FF are selling.

I won't dare to touch at whatever price, can't sleep well even though buying 1 lot in this kind of stock.
Just remind me the issue of Transmile? Look at Transmile now.
Just personal opinion.

This post has been edited by cherroy: May 30 2008, 12:54 PM

Suspect Maybank also under FF selling, always done in 10k or 5k lots per transaction. Sell Q is enormous and so does its volume.

Even my Shell which is always 'tidur' one also has high volume today.

For Maybank, there are 2 consecutive shot of 'eating' the seller 10K x 2. But still sellers fill back up to 30K.

This post has been edited by cherroy: May 30 2008, 02:59 PM

Wah, Maybank one shot give to the buyer 43K lots.
4.3 millions shares x 7.45 worth Rm 32 millions in one transaction.

I don't know you site, but on my front it is

15:04:49 25,000 Seller's price
15:04:49 43,164 Buyer's price
15:03:49 10,000 Buyer's price

---

Added on May 30, 2008, 3:44 pmThe company request for suspension.



This post has been edited by cherroy: May 30 2008, 03:44 PM

Like that Gamuda can make record volume for single stock volume, 870,000 lots done already until now. Kind of very very rare to have so high volume.

Today kind of weird day, top volume are Gamuda, Maybank, MRCB, YTLPower and Airasia.

Those mostly (99%) are belonged to fund one, not their own money. Win or loss will only determine the fund managers reputation, but won't hurt their own money.

Settlement price is not using the closing price. They will compile the CI for the last 30 minutes before closing ie. start from 4.30pm. So with KLCI is published in 1 minute interval, you have 30 data. But they will ditch out the highest and lowest and left 28. Then the final settlement price will be those 28 average.
So today closing price of CI +14 1276 is not going to be used, as it is the highest.

That's why sometimes you see a lot of 1 lot done here and there as someone try to push the index a little bit higher especially at month end after 4.30pm.

So even KLCI close at 1,300, still settlement price is 1269 (I don't exactly today settlement price, as not following it as not trading it for recent few months, but roughly around that)

This post has been edited by cherroy: May 30 2008, 05:32 PM

What price you go in? Mind to share.

Yes, but you have to know how fund managers being rated. Losing money is not necessary ruin their reputation as long as they overall performance is above benchmark normally compared with major indices. Just like for local front, if the managers beat the performance of KLCI, he/she is considered doing a good job. Example KLCI fell 30% but managers performance lose 20% then it is considered good already.

This post has been edited by cherroy: May 30 2008, 09:00 PM

Aiyo, Rm0.005 cent only nia, still want to piss off?

---

Added on May 31, 2008, 2:23 pmGenerally ESOS has not much influence on share price, a small negligible effect only.

Thestar got recent news/development on Gamuda.
http://biz.thestar.com.my/news/story.asp?f...81&sec=business

This post has been edited by cherroy: May 31 2008, 02:23 PM

As far as I knew, there is no online trade for FKLI (yet).

10 points x Rm 50 still peanut. Wait you see one single day go against you one, then if 'beh tahan' shit also can go out.

I 'kena' once last year 2007 Feb 28, more than 100 points drop in a single day while being long in position. But the end of the day, lost 20+ points only. But roll over, then market recover and gain back some, also happened in dramatically way.

It is a high risk game, much more high risk than normal stock.
For newbie in stock market, Futures market can be very high risk game to play, only play if you know what you are doing, and you must set aside a portion of $$ to prepare for losses if market go against you or any unforseen circumstances.

No lah, Job data and unemployment rate released always on Friday or to be precise the first friday of every month.

Posting style got young or old one meh?

Then my posting style is old?

LOL, how many wheels one? 24? Haha.

Gov abolish cement ceiling price, discard steel ceiling price, implement new fuel subsidy in short period of time has signalled there is huge potential problem of inflation in near future. It is not only in Malaysia but generally in overall Asia countries as most Asian countries subsidy a lot of essential stuff including petrol but now all are struggling to maintain it. So foreign investors will view negatively on Asian bourses in general because of potential out of control inflation situation, Vietnam is the first casualty already, stock market plunge more than 50% in relatively short period of time and currency depreciated rapidly.

One thing from experience trading on FKLI. In a bearish market, spot month (if still early of the month), FKLI would generally trade about 10 points discount to current KLCI.While bullish time, it traded easily 5-10 points above. So by no mean FKLI would surely trade at the same level as KLCI, it depends on market sentiment.

What happened to current gov? feel strain in financial term? suddenly all ceiling price, price control being removed drastically in just short period of time. Lastest is chicken ceiling price after cement, steel, petrol, don't know what next, toll price? http://www.thestar.com.my/news/story.asp?f...4423&sec=nation

I do fear about near term inflation problem ahead.

Room to go down further? Haha, I think you never been a bear market before to ask this kind of question. Sorry no offence. When something turn ugly, it is 2x 3x more uglier than you think. Financial stock in US is the good typical example. When first subprime issue unfold, and financial stocks beign hit and dropped 10-20%, then a lot of people said, it is contained and financial stock is cheap, but writedown come in wave after wave, see now where is those financial stock (may be except Goldman), at least drop more than 50% across.

We don't know how economy situation will play out, so it is very difficult to say now is the bottom or KLCI has no room to go down. If economy situation turn bad, surely CI has room for downside to 1,000 or even lower.

Never ever to try to search for bottom or bottom fishing or try to clever to think which level is bottom, it won't work one, trust me. Just to determine the fundamental value from time to time to assess the situation will do. Every week or month, situation can change quite fast nowadays.

Just my 2 cents

This post has been edited by cherroy: Jun 4 2008, 03:25 PM

Stocks (good fundamental stock) and properties will fall initially when inflation situation start to kick in, but as time goes by, when economy situation turn better and inflation situation improve, stocks and properties price will catch up where you can hedge portion of the inflation.

In high inflation situation, saving under pillow will suffer the most instead stocks (because indirectly you are the owner of the business) that can pass the inflation cost to the general consumer in high inflation situation provide better hedge against inflation. Last year you buy Rm1, sell Rm 1.50. Now you buy RM 2 then sell at RM 3. Then in this scenario you can protect your value and suffer less in high inflation situation.

There are statistically and historical proven the good fundamental stocks and also properties (not all) can protect you the inflation situation over the long run because of the business model as mentioned. As we knew businessmen are less affected in high inflation situation but consumers are the one suffer the most. In business, you buy low sell low, buy high sell high. So as long as profit margin is not greatly affected then you indirectly has some protection against inflation, unlike saving under the pillow which is fully exposed to inflation beast.
Central bank who doesn't want to control inflation or not put inflation control as primary objective is just a suicide over the long term only.

Don't get me wrong, just the degree of suffering is lesser, there is no winner in inflation situation.

Another thing, spending unncessary more in anticipated price will rise further is a bad bad move. Spend more mean save less only. <-- good move?

This post has been edited by cherroy: Jun 4 2008, 03:41 PM